Political novice leads polls ahead of
31 March presidential vote
Upbeat end-of-year economic data is rolling in as the election season nears full swing. Growth accelerated in Q4 amid buoyant domestic demand. Private consumption seemed to have been bolstered by tightening labor market conditions and a strong hryvnia, as demonstrated by healthy retail sales growth in Q4. On top of that, exports continued to expand, albeit modestly, against the backdrop of feeble external demand conditions. Available Q1 data, however, paints a mixed picture: While industrial production tumbled in January, soaring retail sales reflect upbeat consumer demand.